www.makinghomeaffordable.gov


Look Up Your Loan
If your mortgage loan is owned by Fannie Mae or Freddie Mac, you may be eligible for a Home Affordable Refinance to take advantage of lower interest rates. Only loans owned or guaranteed by Fannie Mae or Freddie Mac are eligible. Your mortgage company can tell you who owns your loan, or you can contact Fannie Mae and Freddie Mac directly by clicking on the links below and completing the forms for each company.

Fannie Mae

1-800-7FANNIE (8am to 8pm EST)
www.fanniemae.com/loanlookup
Freddie Mac


1-800-FREDDIE (8am to 8pm EST)
www.freddiemac.com/mymortgage

After finding out that your mortgage is owned or guaranteed by Fannie Mae or Freddie Mac, see if you are eligible for a Home Affordable Refinance by clicking on the button below.

Find out if you are eligible
Understanding Your Mortgage Statement



Short Sales - are you in " Emenint Foreclosure " and need help selling your property? The first thing I would like to do is help you keep your home.
1: Stay in contact with your Bank - even if they turned you down for a loan modification last month - call them again and ask. The rules change daily - you may now be elegible.
2: Dont pay someone up front - that promises they can have your loan modified - if they are so good at it - tell them you will pay after it is done, and dont believe in that money back gauranty???
3: Call H.U.D. (departement of housing and urban development) they can help also - here is their web address: www.hud.gov
4: If you have tried all the above and nothing is working - then call me. Most people have know idea what all this does to their credit - take a look at this excerpt from one of my online rescources:

There is a lot of misinformation concerning how a short sale or a foreclosure affects a FICO score. From our research the initial credit hit of a foreclosure and a shortsale are virtually the same. Credit experts report that there will be up to a 300 point credit hit when someone does a short sale or a foreclosure. However, the long term effects of either are radically different..

The main difference is how long the credit is damaged and if there will be any deficiency judgements.

Let's be clear about this next point. There are definite advantages to a short sale but it has little to do with how many points a short sale will drop a FICO (in the short term) versus a foreclosure.

Unfortunately, in most communities, houses are over valued and markets will no longer support asking prices. There was a study released recently that reported that at least 50% of all homes in the US were ‘upside down’ or at least have no equity. Another report showed that there are only three communities in the US that have rising appreciation, strong sales and few if any foreclosures. Did you read that…ONLY 3. In many cases the homeowner is unable to structure a workout or a forbearance agreement with the foreclosing lender. A short sale is the next best option.

Clear benefits of the short sale. (New Information)

Fannie Mae recently established a 2-year elapsed time period for reestablishing credit for homeowners who sell their homes through a short sale. Two years may seem like a long time to wait before being able to get a new loan, but compare this to what happens if the homeowner goes through the foreclosure process. According to the Fannie Mae guidelines, effective May 31, 2008, a homeowner who has filed a foreclosure will be “ineligible” for a loan for five years.

Realtors who know how to do short sales offer homeowners a way out. Whatever effect a short sale has versus a foreclosure on one’s FICO score pales in comparison to the long term harm of a deficiency judgment and the inability to be approved for a loan for years to come.



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Experience & Specialization
Top Producer 2008: Overall Top Sales Producer for Aloha Kona Realty
Top Producer 2007: Overall Top Sales Producer for Aloha Kona Realty
Experience: My first transaction as a Licensed Realtor, was an acre in HOVE, Aug 9 2003, for $6,000 - times have certainly changed, as of June 2009 I have sold over 15.4 million dollars worth of properties, Made Top Producer for our office in 2007,2008, and every sale has been almost as exciting, as that first $6,000! It’s kind of funny, in the hey days of 2003,04,05, there were more agents than listings, but since the slowdown of 2007 & 2008, we have seen most of the - order takers - fall by the way side, and it has left the true professional "Realtor's" standing. I am proud to say - I made it!
Thank You Kona, Thank you to all my clients!
I specialize in representing my clients in the purchases and sales of single-family residences, Condo's, Land and income property within the cities of Kona, Kailua Kona, Holualoa, Waimea, Captain Cook, Hawi, Waikoloa, I keep current of all transactions in these areas,

Personal
I was raised In Las Vegas, NV., spent most of my time out in the desert, 4-wheeling, motorcycle riding, then I got turned on to motorcycle road racing – that was the sport for me, Had quite a few good years holding the #1 Plate in my classes, I got to race tracks like, Riverside, Willow Springs, Sears Point, and of course Las Vegas Speedrome.
Then I moved to Oahu in 1984, (End of my racing career - Didnt think that one out all the way :)
But still a great move.
As fate would have it in 1990 I met the woman of my dreams - Kimi!
After 10 years together on Oahu, we were given the opportunity to move to the Big Island (best move we ever made)
There must be something in the water here, because right after moving here - along came the best thing in our life - Dean - now 8 years old. So needless to say were here to stay.
Not to say that drinking the water here might make you pregnant, but there is something magical about this island.































Related Web Sites
BestKonaHomes.com, HOVEhomebuilders.com, KonaHomeBuilders.com, MikeFinnConstruction.com, KonaFractionals.com, KailuaKonaForeclosures.com, KonaForeclosures.com, KonaLance.com, KonaHomesForSaleByOwner.com, FSBOkona.com, ForSaleByOwnerKona.com,